Capfolio: Safe to Use All-In-One Cryptocurrency Trading Platform?
What Is Capfolio?
Capfolio is a cryptocurrency trading platform that offers an all-in-one solution for beginners, intermediate, and advanced crypto traders. The platform enables traders to test out the crypto markets, develop complex trading algorithms, or clone leaders.
Capfolio was established in 2019 with the intent of providing a one-stop solution for crypto investors, institutions, and experienced traders through reliable, highly secure, and feature-laden tools, leading to successful and holistic navigation of the crypto landscape.
The platform offers a wide range of tools including automated trading, portfolio tracking, multiple exchanges, backtesting, custom strategy suite, news and research, and more to come.
When it comes to cryptocurrency trading, Capfolio is one platform to rule them all, allowing users to go to the next level of crypto trading. Whether you’re looking for a secure, low-latency, institutional quality platform, Capfolio has you covered. The platform offers the following features:
Trade across exchanges and automate with millisecond latency. With custom allocations, buy low sell high never miss a trade opportunity.
Social Trading—Track & Clone Pros
Capfolio allows you to participate in the leaderboard program, where you can follow high performing leaders and either track or auto-clone them. Besides, contributing leaders can share allocation strategies and earn extra income.
On the platform, you can experiment with your allocations to see which strategies provide the best returns. Besides, it makes backtesting easy, as there’s no need for complex programming or in-depth statistical knowledge. Just choose the asset allocation, setup basic automation rules, and come up with the perfect strategy to construct your portfolio and maximize your returns.
Research – News, Analysis and Market Sentiment
The platform gathers news from hundreds of sources, categorizes them, and runs them through AI and Machine learning algorithms to provide sentiment scores that help you make better decisions in building your strategy. It also provides Tweets, Reddit data, and constantly learning from this information to provide AI-driven trading strategies in the future.
Manual Trading with Advanced Charts Across all Exchanges
Capfolio provides microsecond-latency trading for executing manual trades across exchanges. Quotes, trades, and account updates are all streamed in real-time without ever having to refresh the browser window. It offers advanced charts, trade history, and a calculator that help users calculate buy and sell amounts in terms of Fiat currency.
Capfolio takes security as its number one priority. As such, the platform has all API keys securely encrypted and stored using hardware security modules (HSMs), which are FIPS 140-2 validated. Besides, the encryption keys are automatically rotated on a regular basis to further protect the confidentiality of traders’ API keys. Importantly, Capfolio only requires the “Read” and “Trade” access, which means your funds will remain on the exchange. Even if you allow “Transfer” access, you cannot link exchanges on the platform.